The costs and benefits of symmetry in common-ownership allocation problems

被引：6

作者：

Brown, Alexander L. ^{[1
]}

Velez, Rodrigo A. ^{[1
]}

机构：

[1] Texas A&M Univ, Dept Econ, College Stn, TX 77843 USA

来源：

GAMES AND ECONOMIC BEHAVIOR | 2016年 / 96卷

关键词：

Experimental economics; No-envy; Divide-and-choose; Winner's-bid auction; Behavioral mechanism design; NORMAL-FORM GAMES; FAIR DIVISION; PARTNERSHIP DISSOLUTION; INDIVISIBLE GOODS; MARKET; EQUILIBRIUM; MECHANISMS; AUCTIONS;

D O I：

10.1016/j.geb.2016.01.008

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

In experimental partnership dissolution problems with complete information, the divide and-choose mechanism is significantly superior to the winner's-bid auction. The performance of divide-and-choose is mainly affected by reciprocity issues and not by bounded rationality. The performance of the winner's-bid auction is significantly affected by bounded rationality. Contrary to theoretical predictions divide-and-choose exhibits no first mover bias. (C) 2016 Elsevier Inc. All rights reserved.

引用

页码：115 / 131

页数：17

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